MNT Price Today Holds Above $1.15 Despite Profit-Taking: Is $2 Loading?
The MNT price today is exchanging hands at $1.15, marking a 7.70% intraday decline. Despite this brief dip, the Mantle crypto has managed to retain over 75% of its August rally gains.
Now, this month, its ecosystem growth has accelerated, exchange support has increased, and new institutional opportunities have been opened, which broadly suggests that the MNT price might continue to attract attention from traders and investors alike.
MNT Price Performance and August Rally Delighted Investors
Throughout August, Mantle showcased notable strength from a falling wedge pattern’s breakout, resulting in a gain of 103% with the MNT price USD spiking from $0.70 to $1.41.
However, as the month is about to close, profit-taking emerged, pulling the token slightly lower. Still, the Mantle price chart reflects resilience, as the asset still continues to trade well above its early August levels.
Even with the current intraday decline,...